Rivergate - Mezz / Equity

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Apollo Commercial Real Estate Finance, Inc.

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Date10/27/2015
Greenwich Coverage
E-teaser Status
CA Status
IOM Status
Term Sheet Status
Categories
  • Term Sheets Received
  • Executed Confidentiality Agreement Received
  • Detailed Discussions
  • Initial Discussions
  • Groups that have Passed
  • Uncategorized
Investment Criteria
Status for Deal Tracking Report (Most Recent Comment - Custom Comment )
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DEAL TRACKING COMMENTS
DateComment
11/09/2015• Target Loan Sizes: Transitional First Mortgage (i.e. bridge – L+400 - L+900) – targeted minimum sizes of $35mm+ ; Short Term Mezz (i.e. construction – L+900 - L+1400) – targeted minimum sizes of $30mm+ ; Short Term MEzz (i.e. stabilized or transitional but not construction – L+600 – L+1200) – targeted min size of $20mm; Long Term Mezz (stabilized assets w/min 5 yrs call protection – 6.5% fixed – 14% fixed) – targeted min size of $10mm+ • Asset Classes – All • Geographic Preference – major CBDs but will go into secondary markets for best in class assets / sponsors (not for development though) • Yes on construction mezz – but only in major CBDs -- duke